“VA Linux Systems completed its purchase of Andover.Net, which
runs a network of Internet sites with a cult-like following devoted
to the Linux operating system, such as Slashdot.org.”
“Terms of the acquisition call for each share of Andover.Net
stock to be exchanged for 0.425 of a share of VA Linux Systems,
making the deal worth about $107 million.“
“Both companies first saw their stock prices skyrocket after
hugely successful IPOs and then fall back to earth.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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